Features
Maximizing
capital efficiency
Liquidity providers place their assets at price intervals of their choice i.e. “concentrating” their liquidity. Concentrated Liquidity gives liquidity providers total freedom in how they distribute their liquidity and rewards them for meeting market demand.
More fees for LPs
LPs get paid trading fees based on how much of their liquidity is used. The tighter their price interval around the current or future trading price of an asset, the more fees they collect on Cykura.
Multiple Fee Tiers
LPs select their fee tier according to their risk appetite. A higher proportion of fees are awarded to LPs who make markets on more volatile, exotic pairs.
Gamification of Liquidity Provision
LPs are rewarded via trading fees and liquidity incentives to make markets. Fees and rewards are distributed in proportion to the percentage of the pool they control. Opportunities abound for LPs to meet demand in underserved sections of pools.
Built on Solana
Solana offers unmatched levels of throughput and low transaction costs. The minute gas fees on Solana remove a major barrier to realizing the full potential of concentrated liquidity and optimized liquidity curves, allowing LPs to make markets in a fast, cost-efficient manner like never before.
Roadmap
Our plans for Q1 and Q2 2022 for scaling the Cykura platform
2022
January
Devnet goes live
Opensourcing of codebase
Start of rolling bug bounty
Launch of first mainnet pools
2022
Q1
Developer grants program for expanded products
Launch of Liquidity Incentives Program
2022
Q2
Launch of governance
Automated liquidity management
2022
January
Devnet goes live
Opensourcing of codebase
Start of rolling bug bounty
Launch of first mainnet pools
utility
CYS token serves as a governance token of the platform, as well as a value accrual mechanism. On Cykura, there are 3 fee tiers, corresponding to different levels of risk appetite: 0.05%, 0.3%, 1%
66.66% are directly distributed to liquidity providers. 22.2% are utilized for CYS buy and burn from the market. Finally, 11.1% goes to the Cykura treasury to cover costs and expenses.
Distribution
CYS Token Distribution
Marketing
5.0%
Serum Staking
3.6%
Initial Liquidity
5.0%
Ecosystem
20%
Liquidity Rewards
35%
Public Sale
1.0%
Team
17%
Advisors
3.0%
Strategic Sale
4.2%
Seed Sale
6.2%